iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stock Position Raised by WT Wealth Management

WT Wealth Management raised its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,441 shares of the company’s stock after buying an additional 1,404 shares during the quarter. WT Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,456,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eastern Bank acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $92,000. Sweeney & Michel LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.5% in the 3rd quarter. Sweeney & Michel LLC now owns 17,265 shares of the company’s stock valued at $1,603,000 after purchasing an additional 745 shares during the period. Foundations Investment Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. Foundations Investment Advisors LLC now owns 66,647 shares of the company’s stock worth $6,086,000 after purchasing an additional 3,369 shares in the last quarter. Whittier Trust Co. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 73.6% during the third quarter. Whittier Trust Co. now owns 25,011 shares of the company’s stock worth $2,284,000 after purchasing an additional 10,600 shares during the period. Finally, Stewardship Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $212,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.5 %

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.42 on Tuesday, hitting $92.45. 706,486 shares of the company traded hands. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company has a 50-day moving average price of $90.79 and a 200 day moving average price of $86.06. The company has a market cap of $27.09 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.